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Stocks set for lower open as globe sells off

Beijing's intervention helped reverse another rout in Chinese shares overnight, and the Shanghai Composite ended higher by 1.2%. Most everywhere else is in the red though, with the Hang Seng down 1.3% and the Nikkei down 1.6%.

Germany's (EWG) 1% decline is leading Europe lower at midday.

U.S. stock index futures are all lower by about 0.3%.

The 10-year Treasury yield is flat at 2.19%, and gold and oil are little-changed.